-Mid Day A visit to the APMC in Vashi revealed that calcium carbide - referred to as ‘carpet' by traders - which is known to cause cancer, food poisoning, nausea etc - is being used indiscriminately to ripen the fruit faster, so as to increase sales Think before you sink your teeth into those juicy, delicious mangoes. For, they could have been ripened artificially using calcium carbide, a deadly chemical that is...
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El Nino likely to cause loss of Rs 1,80,000 crore this year: ASSOCHAM -Soma Basu
-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...
More »Onion farmers for change, grape growers whining for status quo-Amruta Byatnal
-The Hindu Dindori (Maharashtra): This constituency in Nashik district does not occupy a particularly significant spot on the election map, but it presents a neat battle of "status quo vs. change" between its elite wine-grape farmers and onion growers. While onion farmers are rooting for change, grape growers are largely status-quoist, favouring the Congress for fear that a Bharatiya Janata Party-led government will not encourage the nascent wine industry in the country. Dindori,...
More »Onion Prices rise about 40% in a week -Tushar Pawar
-The Times of India NASHIK: Brace up for an onion price hike again. Unseasonal rains and hailstorms in Nashik district have pushed up Onion Prices by about 40% in a week at the country's largest wholesale onion market, the Lasalgaon Agriculture Produce Market Committee (APMC), In the district APMCs, the average wholesale Onion Prices, which were in the range of Rs 575 to Rs 801 a quintal on April 10, rose...
More »The strange case for India's macroeconomic exceptionalism-Shankar Sharma & Devina Mehra
-The Business Standard The Indian economy certainly has problems. But compared to the rest of the world, we will take ours any day Over the past couple of years, and particularly the past few months, we have become convinced that economists, the intelligentsia, fund managers, foreign brokers, don't read global macroeconomic news. All of the above have castigated the United Progressive Alliance (UPA) government for having ruined the economy, causing a massive growth...
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